"increased cash" outweighs the dilution?? So you are saying you would rather have $1 of cash than the $1.20 of NTA. Unless I am mistaken the cash just gets invested along the same mandate so goes straight into stocks.
Yes the dilution was known from the start but the very reason they have done this underwriting was to ensure that the options get exercised. It was starting to look like a boon for holders the fact that some people weren't going to exercise.....until our own company ensured this windfall wasn't coming our way.
Ann: Disclosure Document PGF Underwriting Announcement, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.28 |
Change
0.010(0.44%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.30 | $2.26 | $882.6K | 386.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34706 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 9738 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| PGF (ASX) Chart |
